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145 Lafayette Street Ionia, MI $ 274,900
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145 Lafayette Street
$ 274,900
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145 Lafayette Street

Ionia, MI, 48846
$ 274,900
Bedrooms3 Baths0.0 Sq 2,428

Monthly Estimate*

$ 1,736

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Multi-Family Home for sale in Ionia, MI

for $274,900 with 3 bedrooms. This 2,428 square foot home was built in 1900 on a lot size of 0.14.

Investment and/or Owner Occupied Opportunity Alert! Current rents $1250 & $1100, with owner occupying the 3rd unit, potential to earn $3,000/month. Rare and outstanding opportunity to own an income-producing triplex in a convenient location close to downtown! All three units have been updated, offering modern appeal for tenants and reduced maintenance concerns. Updated windows and siding add even more value to this turnkey property. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers flexibility and excellent cash flow potential. Opportunities like this do not come around often!

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Multi-Family Active

Price

$ 274,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 3,481

Style

MultiFamily

Lot Size

0.14

Year Built

1900

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

65026028658
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected
Possession ClosePlus30Days
Roof Composition
Construction Materials VinylSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
County Ionia
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Bluewater Hwy (M-21) past M-66 South to Rich Right to Lafayette right to home
City IoniaCity_Ionia
Senior Community Y/N N
High School District Ionia
Zoning Description Residential
Number Of Units Total 3
MLS Area Area34072Ionia
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3481.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 91608
Legal Description CITY OF IONIA SUP. WILLIAMS ADD LOT 28
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Exterior
Parking Features Paved
Water Source Public
Total Parking 3.0
Lot Size Area 6098.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 2428.0
Lot Dimensions 47x132
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 145
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* Excluded Features
List By
Garrett B Kirby

Listing Agent

Five Star Real Estate (Walker)

Broker

(616) 902-5933

Phone

Affordability Calculator

$2,026
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1606292 Elementary School
1606296 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/25/2026$274,900 -8.34% Price Down
6/11/2026$299,900 Listed Price

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145 Lafayette Street, Ionia, MI, 48846 is a Multi-Family Home for sale at $274,900 with 2,428 sqft and a lot size of 0.14. 145 Lafayette Street has 3 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 48846 which is in Ionia, MI

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